Anonymous - Leigh Lawry Accountancy

Anonymous

The Challenge

A nano-technology company required a review of their end to end production process in order to identify and remove non-value add activities, as well as develop full and accurate costings for their product.

Background

Our client is a company who specialise in the functionalisation of graphene and nano-materials through their proprietary plasma technology. This is a ground breaking industry where operational processes and standards are being created.
Our client are at the forefront of this industry and engaged us to ensure their production processes are as efficient as possible, capable of handling rapid growth, and provide accurate costs to enable profitable sales contracts to be sought.

Approach

  • Capture product costing information
  • Identify waste and non-value add activities in the process
  • Record any health and safety concerns
  • Identify any other business risks
  • Conduct a time and motion study of existing processes and procedures
  • Report on process times, yields and capacities
  • Present findings to the senior management team
  • Cost reduction targets set to further improve profitability

Outcome

  • Full review of end to end process (from receipt of sales order through to product shipment and invoicing)
  • Detailed costing structure showing process times, yields, materials and labour requirements
  • Classification of non-value add activities and how to remove them
  • Analysis of business risks and potential impact on future growth
  • Identification of safety, health and environmental risks and recommendations for mitigation
  • Departmental training on the identification of waste
  • Reinvigoration of the suggestion scheme to capture business improvement ideas

Benefit

  • Process improvement resulting in greater throughput and profitability
  • Suggestion scheme committee established to review and authorise business improvement ideas
  • Identified challenges the business would face from rapid growth
  • Up skilled workforce in lean management techniques
Leigh made a significant contribution to the organisation by reviewing existing processes and identifying short and long term improvements to the business that would improve efficiencies and reduce costs. I would recommend them as a professional solutions provider and would not hesitate to use them again.
M. Davies
Supply Chain Director